Balmoral Extends Bug Lake Gold Trend to Over 1,000 Metres

NEWS RELEASE.

October 30, 2013: Vancouver, BC – Balmoral Resources Ltd. (Stock Profile – TSXV:BAR & OTCQX:BALMFreported initial results from the summer/fall drill program on its wholly owned Martiniere Property. Highlights included extending the Bug Lake Gold Trend to over 1,000 metres along strike with a higher grade intercept of 19.05 g/t gold over 1.16 metres in the southern-most hole to date (MDE-13-113), a bonanza grade intercept of 99.80 g/t gold over 0.48 metres in down-dip testing of the main Bug Lake Gold Zone and a high-grade intercept of 5.59 g/t gold over 2.30 metres from a new discovery located 250 metres east of any previous gold intercepts on the Property. The Martiniere Property forms part of the Company’s 600+ square kilometre Detour Gold Trend Project in Quebec.

Bug Lake Expansion Drilling

Three holes, MDE-13-116 to -118, collared 300 metres south along strike of the southern-most historic Bug Lake Gold Trend intercept, successfully extended the Trend to over 1,000 metres. The Trend remains open to the south towards the regional scale Sunday Lake Deformation Zone. Hole MDE-13-117 returned an intercept of 7.44 metres grading 3.34 g/t gold including 1.16 metres grading 19.05 g/t gold (see table below). This hole also collared into a new, broad zone of anomalous gold mineralization which returned 13.07 metres grading 0.31 g/t gold from the bedrock collar.

For a table of the results – CLICK HERE.

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